Accounting for Strategic Business Decisions

The course is designed to assist managers and business leaders to analyze accounting data for the dual purpose of strategic decision making and product costing. More emphasis will be placed on preparing students to be users rather than preparers of financial information. Key topics includes financial reporting and performance measures, cost behaviour & break-even analysis, pricing, budgeting, the use of incremental analysis in decision making and captial budgeting. At the end of the module, you would have learned how to critically evaluate financial information by aligning various costing systems to firm strategic goals.